Housing data for Summerset, SD
Summerset, SD has an estimated 3,022 residents and 1,108 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a city in Meade County.
21.3% of households rent.
The median gross rent is $1,288 a month.
Its population grew measurably since 2015–2019 (+22.0%).
Figures last updated on .
- Residents
- 3,022 (±49)
- Housing units
- 1,108 (±115)
- Households that rent
- 21.3%
- Median gross rent
- $1,288
- Residents since 2015–2019
- +22.0%
What stands out in Summerset
Median household income: $119,271 (±$14,395) in Summerset, higher than in Meade County ($74,790).
Homes built before 1980: 12.3% (±7.9 points) in Summerset, lower than in Meade County (37.8%).
Median real estate taxes: $4,204 (±$218) in Summerset, higher than in Meade County ($3,129).
Working from home: 4.3% (±2.2 points) in Summerset, lower than in Meade County (8.1%).
Housing in Summerset at a glance
- Median rent: $1,288 median gross rent a month
- Rent by bedrooms: $1,290 median gross rent, 2 bedrooms
- Rent burden: 59.3% of renters pay 30% or more of income
- Renters and owners: 21.3% of households rent
- Income and affordability: $119,271 median household income
- Home values: $368,300 median home value
- Homeowner costs: $2,062 median monthly cost with a mortgage
- Property taxes: $4,204 median real estate taxes a year
- Types of homes: 8.4% of homes are in buildings of 5 or more units
- Bedrooms: 75.9% of homes have 3 or more bedrooms
- Age of homes: 12.3% of homes were built before 1980 (Small sample: wide margin of error)
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 75.7% heat with utility gas
- Commute and cars: 19.7 minutes average trip to work
- Growth: +22.0% residents since 2015–2019
- How long people stay: 26.3% moved in since 2020
- Crowding and facilities: 0.0% of homes have more than 1 person per room (Small sample: wide margin of error)
Summerset against Meade County, its state and the nation
| Summerset | Meade County | South Dakota | United States | |
|---|---|---|---|---|
| Residents | 3,022 (±49) | 30,546 (exact) | 907,428 (exact) | 334,922,499 |
| Housing units | 1,108 (±115) | 12,871 (±292) | 408,584 (±422) | 143,775,355 |
| Households that rent | 21.3% (±6.2 points) | 27.1% (±3.7 points) | 31.4% (±0.5 points) | 34.8% |
| Median gross rent | $1,288 (±$116) | $1,264 (±$122) | $946 (±$11) | $1,413 |
| Median household income | $119,271 (±$14,395) | $74,790 (±$7,020) | $75,081 (±$888) | $80,734 |
| Median home value | $368,300 (±$24,896) | $310,900 (±$18,105) | $257,400 (±$3,051) | $332,700 |
| Median real estate taxes (a year) | $4,204 (±$218) | $3,129 (±$197) | $2,724 (±$28) | $3,119 |
| Built before 1980 | 12.3% (±7.9 points) | 37.8% (±4.2 points) | 49.8% (±0.7 points) | 49.7% |
| Average commute | 19.7 minutes (±1.9) | 19.8 minutes (±1.3) | 17.8 minutes (±0.2) | 26.4 minutes |
| Households with broadband | 94.7% (±5.1 points) | 93.4% (±1.7 points) | 89.6% (±0.3 points) | 91.0% |
| Median age of residents | 35.1 years (±2.9) | 37.3 years (±1.6) | 38.0 years (±0.2) | 38.9 years |
Summerset covers 2.7 square miles of land, about 1,110 residents per square mile (Census Bureau Gazetteer).
How Summerset has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 2,477 (±25) | 3,022 (±49) | +22.0% | Measurable increase |
| Housing units | 984 (±87) | 1,108 (±115) | +12.6% | Not a measurable change |
| Median gross rent | $1,127 (±$111) | $1,288 (±$116) | +14.3% | No measurable change after inflation |
| Median home value | $225,200 (±$7,356) | $368,300 (±$24,896) | +63.5% | Up after inflation |
| Median household income | $88,526 (±$9,531) | $119,271 (±$14,395) | +34.7% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,630 (±$67) | $2,062 (±$149) | +26.5% | No measurable change after inflation |
| Median real estate taxes | $3,414 (±$140) | $4,204 (±$218) | +23.1% | No measurable change after inflation |
| Households that rent | 14.7% (±6.4 points) | 21.3% (±6.2 points) | +6.6 percentage points | Not a measurable change |
| Rental vacancy rate | 12.7% (±16.9 points) | 0.0% (±10.3 points) | −12.7 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Places near Summerset
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Piedmont | 2.4 mi | $1,170 | $324,200 | 13.1% |
| Blackhawk | 2.9 mi | — | $273,300 | 4.5% |
| Rapid City | 10 mi | $1,109 | $299,400 | 37.1% |
| Ashland Heights | 12 mi | — | $219,600 | 0.0% |
| Colonial Pine Hills | 12 mi | — | $406,500 | 1.3% |
| Rapid Valley | 14 mi | $1,174 | $255,500 | 7.7% |
| Box Elder | 14 mi | $1,491 | $302,100 | 51.8% |
| Green Valley | 16 mi | — | $280,300 | 21.1% |
Places in South Dakota most like Summerset
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Tea | $1,220 | $351,100 | $120,139 | 20.3% |
| Harrisburg | $1,362 | $312,200 | $108,724 | 21.6% |
| Brandon | $976 | $336,600 | $110,806 | 19.9% |
| Hill City | $1,345 | $286,200 | $95,385 | 26.1% |
| Baltic | $1,232 | $254,200 | $107,768 | 18.9% |
| Hartford | $938 | $257,700 | $99,893 | 23.2% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across South Dakota.
HUD Fair Market Rent for Summerset, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $945 | $1,037 | $1,357 | $1,879 | $2,268 |
HUD income limits for Summerset, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $20,600 | $34,300 | $54,900 |
| 2 people | $23,550 | $39,200 | $62,750 |
| 3 people | $27,320 | $44,100 | $70,600 |
| 4 people | $33,000 | $49,000 | $78,400 |
| 5 people | $38,680 | $52,950 | $84,700 |
| 6 people | $44,360 | $56,850 | $90,950 |
| 7 people | $50,040 | $60,800 | $97,250 |
| 8 people | $55,720 | $64,700 | $103,500 |
These are the limits HUD sets for its housing programs in the Meade County, SD HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $98,000.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Summerset
What is the average rent in Summerset, SD?
The Census Bureau publishes the median rather than the average: the median gross rent in Summerset is $1,288 (±$116) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much is a two-bedroom apartment in Summerset?
The median gross rent for a two-bedroom home in Summerset, SD is $1,290 (±$117) a month (2020–2024 American Community Survey).
Are renters in Summerset rent-burdened?
59.3% of renting households in Summerset pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
How many renters are there in Summerset?
Summerset has an estimated 229 (±75) renting households, 21.3% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Summerset?
The median household income in Summerset is $119,271 (±$14,395) a year (2020–2024 American Community Survey).
What is the average home value in Summerset, SD?
The Census Bureau publishes the median: $368,300 (±$24,896) for owner-occupied homes in Summerset (2020–2024 American Community Survey).
Is Summerset growing?
In Summerset, the number of residents went from 2,477 in 2015–2019 to 3,022 in 2020–2024 (+22.0%), a measurable increase.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Summerset city, South Dakota
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Summerset city, South Dakota
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Summerset city, South Dakota
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Summerset city, South Dakota
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Summerset city, South Dakota
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Summerset city, South Dakota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Summerset city, South Dakota
- HUD Fair Market Rents, fiscal year 2027: Meade County, SD HUD Metro FMR Area
- HUD Income Limits, fiscal year 2026: Meade County, SD HUD Metro FMR Area
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Summerset city, South Dakota (place:62155, in state:46).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .